OTPP consortium buys Consol

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SOUTH AFRICA - A consortium involving the Ontario Teachers' Pension Plan (OTPP) has had a purchase offer of ZAR6bn (US$850m) accepted by South African glass manufacturer Consol.

Other partners involved in the deal were Ethos Private Equity Fund, Sphere Private Equity Fund I, Sphere Investments and Sanlam Life Insurance. The news comes just two weeks after the OTPP annou...

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